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Properly Managing Growth
I'm just looking to get a little feedback. The business has been growing steadily but most of my profit from the previous year gets used up by financing startup the next season. I don't have a big problem with this, but I'm trying to put a bunch aside for saving and emergencies but I always have to dip into it the next season to pay for up front costs. Some of you guys who have doing this a long time, what percentage growth do you shoot for? 20%, 25% 30% 35%? Just hard to turn away available work =D. Last several years we have grown 44%, 119%, 46% respectively. Any wisdom or advice will not fall on deaf ears. Thanks so much!
Jason |
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